Image by Danilo Rizzuti / freedigitalphotos.net *
Manipulation of the Gold Price
By Jeff Thomas,
International Man
There is much discussion these days as to whether the price of gold is being manipulated. The answer is simply “yes.”
Image by ponsuwan / freedigitalphotos.net *
“Since 1998 the Gold Anti-Trust Action Committee, GATA, has been exposing, opposing, and litigating against collusion meant to control the price and supply of gold and other precious metals. GATA has collected and published dozens of documents showing Western treasury and central bank efforts at intervention in metals markets – interventions that occur both openly, as well as surreptitiously, preventing the proper functioning of a free market in gold.”
GATA Chairman Bill Murphy was interviewed today for about 20 minutes by Lauren Lyster on the cable television network Russia Today’s “Capital Account” program. There’s a reason why the subject — gold market manipulation — can be discussed only in non-Western news media, and the continuing interest shown in it by Russia Today, a creation of the Russia government, suggests that governments not part of the market rigging have long figured it out. CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
GATA’s Bill Murphy exposes how
the Gold Cartel is Bombing the Market for Precious Metals CapitalAccount – Creative Commons Attribution license (reuse allowed)
“FAT FINGER??? When a real fat finger occurred in the US Stock market, CNBC covered it upside down and backwards for hours and hours. Not one of the Muppets mentioned such an occurrence in the gold market yesterday. Continue reading
Mike Maloney breaks down Price Manipulation in the Gold and Silver MarketCapitalAccount
”…what about the fractional reserve gold pyramid scheme? What about the gold ponzi scheme? We’ll examine the evidence of, what CTFC commissioner Bart Chilton calls, “ponzimonium.”
And how does the entire manipulation go down? Mike Maloney has presented us with a fantastic chart Continue reading
Source: http://www.kitco.com *
…the scale of the selling and size of the price falls was unusual. Respected analysts such as legendary Jim Sinclair, John Embry and Jean-Marie Eveillard suggested that the sell off was due to manipulation by bullion banks. Continue reading
Natural silver nugget by Jurii / Wikimedia *
“If the agency does the right thing and finds that the silver market had been manipulated, the silver world would change overnight.”
“In the event that the CFTC does what is correct…and what is required of them to do by the rule of law, then you better own some silver. A sudden announcement that a US Government agency found silver to have been manipulated to the downside would likely trigger off reactions from world silver producers, consumers and investors that are impossible to fully comprehend.”
Ted Butler
